IOTA (IOTA) General Information

IOTA is a distributed ledger that goes ‘beyond blockchain’ through its core invention of the blockless ‘Tangle’ and it is designed to record and execute transactions between machines in the Internet of Things (IoT) ecosystem. IOTA is a protocol that achieves consensus on the state of matters in a network.

IOTA (IOTA) Technology

IOTA has a cryptocurrency called mIOTA. It is not based on the traditional blockchain design yet on a revolutionary new platform called Tangle. The Tangle platform uses mathematical concept known as Directed Acyclic Graphs. The mIOTA cryptocurrency has been labeled as scalable, decentralized, fast, fee-free, quantum secure. Compared to traditional blockchains, IOTA has no blocks and therefore no scalability issues as it does not need to order values of seeds and addresses in the right order.

IOTA (IOTA) Trading

IOTA’s cryptocurrency – mIOTA The cryptocurrency has already breached the top 10 with a market cap of almost 5 billion and circulating supply of 2.7 billion coins. mIOTA can be traded on most popular trading platforms with the highest circulating daily supply at Bitfinex and Binance.

IOTA supported markets:

BitcoinAverage supports the following IOTA trading markets:

IOTA API urls:

By Team BA

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